Former AFA becomes head of ASB Securities.

ANZ's operations in New Zealand have reported a 24 per cent increase in profit in the first half of the financial year, to $928 million.

Increasing optimism about the world economy led to a lift in global sharemarkets in the March quarter and boosted some local KiwiSaver funds, Morningstar says in its latest update.

The New Zealand Superannuation Fund has received an AAA rating in the latest Global Climate Index report, and ranks at 15 in its list of top global asset managers.

Following the departure of Bruce McLachlan in March, the bank has now named his permanent replacement.

Following the departure of Bruce McLachlan in March, the bank has now named his permanent replacement.

Reserve Bank deputy governor Geoff Bascand will take over the financial stability function while Grant Spencer fills in as governor from September.

Insurance advisers should take some tips from other industries when it comes to investing in their own practices, Partners Life's managing director says.

Non-KiwiSaver schemes still have biggest balances, statistics show.

The man who has been described as "New Zealand's Mr Absolute Returns" man, Greg Jones, died recently after a long illness.